IAM-Certificate Web-Based Practice Exam Questions

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IAM The Institute of Asset Management Certificate Sample Questions (Q56-Q61):

NEW QUESTION # 56
The objectives that the organization wants to achieve from its asset management activities, are ....

  • A. A&B False
  • B. A&B True
  • C. to describes an organisation's long-term approach to managing its assets.
  • D. the future capability and performance requirements of assets, asset systems and the asset portfolio as a whole

Answer: B


NEW QUESTION # 57
There are many factors that can drive the decommissioning of assets, expect:

  • A. compliance with changes in legislation
  • B. excess of service capacity
  • C. cost of retaining in service
  • D. obsolete technology

Answer: A


NEW QUESTION # 58
The term optimizing describes.

  • A. The process of control the best value compromise between a set of competing factors, in order to support asset management decision-making
  • B. The process of review the best value compromise between a set of competing factors, in order to support asset management decision-making
  • C. The process of establishing the best value compromise between a set of competing factors, in order to support asset management decision-making
  • D. The process of Maintenance the best value compromise between a set of competing factors, in order to support asset management decision-making

Answer: C


NEW QUESTION # 59
An ISO 55000 asset management system provides the structure, methodology and mechanism to helping asset-intensive organizations deliver on their objectives.

  • A. True
  • B. False

Answer: A


NEW QUESTION # 60
Asset Management is important because it can help organisations to, except .....?

  • A. Increase the potential health impacts of operating the assets
  • B. Improve the regulatory performance of the organisation
  • C. Reduce the capital costs of investing in the asset base
  • D. Minimize the environmental impact of operating the assets

Answer: A


NEW QUESTION # 61
......

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